Knowledge is King and will enable you to spot the value of paintings, antiques and collectibles. Whether you are attending garage sales, estate sales, auction, participating in online auctions or paying a visit to someone’s home to view their items, your ability to spot value will depend on your ever increasing knowledge about items you encounter.

I wrote the book, “31 Steps to Your Millions in Antiques & Collectibles” and am leader of its spin-off wealth accumulation club, the 31 Club. We use a strategic plan for buying and selling antiques, collectibles and art and reinvesting for maximum growth. One of the 31 Club’s main function is to help you grow in your knowledge, so you will have the advantage over your competition. We do this in several ways. Our book, 31 Steps to Your Millions in Antiques & Collectibles is the core of our program, and an essential tool our members use. It serves as our springboard into working this market.

Second, our daily Blog serves as an educational component to our members. This daily Blog is currently open to public view and discusses various topics such as economic trends that shape the marketplace, what’s currently in demand, what’s fading out, as well as information on the various items one might focus their attention upon and how to identify them. It’s jam packed full of negotiating techniques and how one might best operate in order to grow profits into lasting wealth.

Third, in order to grow in knowledge, study and research is essential. Anyone working in this business will find it necessary to begin a library of reference books and build it up over time. Having access and exposure to the information in these books will make all the difference in your level of success.

The books you will need as reference don’t need to be new. They can be several years old because they will still give the information that is needed for whatever item you are researching. Online Bookstores that sell used books are a great way to accumulate a substantial library inexpensively. My partner, Cindy, recently purchased a copy of David Rago’s American Art Pottery for about $7.50 on Abesbooks. David Rago operates Rago Arts and Auction Center, one of the country’s top drawer Auction Houses for 20th Century Pottery, Furnishings, and Post-War and Contemporary Art. (And, by the way, it’s an excellent place to further educate yourself by looking around.) Today, there’s several of American Art Pottery books on Abe’s, starting at $6.95 plus shipping.

Your Personal Library should contain these Basics:

Kovel’s Price Guide 2008

Kovel’s Dictionary of Marks: 1850-Present

Davenports Art Reference & Price Guide. (This will be one of the more expensive books, but an old one still does the job.)

These are just a few of the books you could start with. These books help tremendously. In fact, I received an E-mail from a member who saved herself from buying a fake at auction because she had a book:

“… I just returned from an auction. For the first time I took your
kit with me. There was a Nippon dish that I was going to bid on. When I
look it up in one of my books I found it was a fake. You just saved me the
price of the book and the kit. Thanks ever so much…”
With the information from these books, you’ll start feeling like a wiz. You’ll soon be upon your path to financial freedom when you combine this with our plan for accumulating a lifetime of funds with antiques, collectibles, and art.

I hate to keep repeating myself, but Knowledge IS King. You will be crowned when you combine that growing knowledge with action and the solid wealth building plan from the 31 Club.